Capital asset
Capital gain refers to any gain or profit that is earned by the individual from the sale of a capital asset. The profit that arises from the sale of the capital asset is taxed under the head of ‘Income from Capital Gain’. Planning the taxation for the same is crucial and requires advances knowledge of complex tax laws.
In P.K. de & Associates, we give each of our client equal attention and design for each of them a tax plan that suits them the most.
Capital asset
Capital gain refers to any gain or profit that is earned by the individual from the sale of a capital asset. The profit that arises from the sale of the capital asset is taxed under the head of ‘Income from Capital Gain’. Planning the taxation for the same is crucial and requires advances knowledge of complex tax laws.
In P.K. de & Associates, we give each of our client equal attention and design for each of them a tax plan that suits them the most.
What We Do For Grow Your Business
We are a team of experts who work in an innovation-friendly fashion, developing new business models and brainstorming new ideas for the enhancement of you finances. We have a tailored approach for you to nurture your organization and enable you to reimagine the possible.
Tax Ruling Scheme
The Advance Tax Ruling Scheme has been introduced to facilitate the inflow of foreign investment. The scheme is applicable to non-residents.
Tax Liabilities
Income tax returns, in the prescribed form and verified, are to be submitted to the assessing officer by the due date (sec 139 of the Income Tax Act
Resolving Tax Disputes
A taxpayer aggrieved by an order of the assessing officer can appeal against the order to the Commissioner (Appeals). If not satisfied, the taxpayer .
Fiscal Year
A fiscal year is used in government accounting, which varies between countries, and for budget purposes. It is also used for financial reporting by businesses and other organizations.
Permanent Establishment
Permanent establishment (PE) means having a taxable presence outside your company's state of residence. Tax authorities are adapting beyond the “bricks and mortar” definition, identifying PEs caused by overseas contractors, short-term business travelers, warehouse space, digital activity and more.